‘The startup ecosystem, the government, and the owners of large pools of Indian capital need to actively support the creation of these local champions, not pull down the teams that are trying hard to get there.’ IMAGE: Union Commerce and
Commerce and Industry Minister Piyush Goyal on Thursday asked the Indian startup community to shift their focus from grocery delivery and ice cream making to to high tech sector like semiconductor, machine learning, robotics, and artificial intelligence. Photograph: Dado Ruvic/Reuters
India’s forex kitty jumped $6.596 billion to $665.396 billion during the week ended March 28, the RBI said on Friday. Photograph: Dado Ruvic/Reuters In the previous reporting week, the overall reserves rose by $4.53 billion to $658.8 billion, the RBI
Ahmedabad-based AWL Agri Business Ltd, formerly Adani Wilmar Limited, posted a strong financial performance in the fourth quarter of FY 2024-25, reporting a 36% year-on-year increase in revenue and a 7% rise in volume. The company’s annual revenue reached ₹62,000
Kolkata, Apr 4 (PTI) Indian rice exporters are adopting a wait-and-watch approach following United States’ decision to impose 27 per cent tariff on imports, though industry leaders say the long-term impact may be limited due to India’s inherent competitiveness. “While
According to an industry expert, companies such as Trident, Welspun India, Arvind, KPR Mill, Vardhman Textiles, Page Industries, Raymond, and Alok Industries stand to gain, as revenue from the US market accounts for 20-60 per cent of their earnings. Kindly
Indian drugmakers supply 47 per cent of the generic medicine requirements in the US, and tariffs would have increased prices in the US domestic market for patients, who are already dealing with drug shortages. IMAGE: Kindly note the image has
Export-led Indian IT sector is not directly hit by Trump’s tariff order on goods, but there could be worrisome indirect bearings on it arising out of possible slowdown in decision-making and GDP growth in America over higher tariffs, which may
Essential and strategic items such as pharmaceuticals, semiconductors, copper, and energy products like oil, gas, coal and LNG are exempted from the 27 per cent import duty announced by the US on Wednesday, according to think tank GTRI. Photograph: David
Aditya Birla Group’s flagship company, UltraTech Cement Ltd, on Thursday (April 3) said its board of directors has approved the acquisition of 100% equity in Wonder WallCare at an enterprise value of up to ₹235 crore. The company has signed
